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when people first signed that pledge, the federal budget deficit was $220 billion. this year, $1.1 trillion, how can you say nothing has changed? >> lots have changed. bush focused not on spending. the pledge only does certain things. the pledge makes tax increases more difficult at the state level, at the national level. you haven't had a republican vote for income tax since 1990 when bush threw away his presidency. 1993 tax increase, only on democratic votes. then no tax increases until 2009 when obama came in and raised taxes with obamacare. >> isn't this -- you are having republican is take a difficult pledge to cut taxes, isn't that like a quarterback saying they like taxes? >> it's a pledge not to increase taxes. people say why don't you toughen it. you don't want to change it because it is a simple guardrail. it doesn't solve the world's problems, it says no net tax increase. >> in your mind when someone signs it, how long are they committed to it? >> in writing when the person signs it as long as you are a congressman or senator. >> you are signing this for life? >> unles
the deadlines we're facing on taxes and deficits. these deadlines are going to be coming up very soon in the coming weeks. but today's important because i want to make sure everybody understands this debate is not just about numbers. it's a set of major decisions that are going to affect millions of families all across this country in very significant ways. and their voices, the voices of the american people, have to be part of this debate. and so i asked some friends of mine here to join me, some folks from here in the area. our ultimate goal is an agreement that gets our long-term deficit under control in a way that is fair and balanced. that kind of agreement would be good for our businesses, it would be good for our economy, it would be good for our children's future. and i believe that both parties can agree on a framework that does that in the coming weeks. in fact, my hope is to get this done before christmas. but -- the place where we already have in theory at least complete agreement, right now, is on middle-class taxes. and as i've said before, we have two choices. if congre
it into the unified budget to mass of the overall deficit. the trust fund will run -- to mask the overall deficit. it was a nice tax breaks for low income seniors. that was stealing from that trust fund. we call it the social security fund. there is no trust in my estimation. host: this is from the huffy to post a business section. earlier this week-- huffington post business section. older americans are in the cross hairs. when congress returns for a lame-duck session, stocks will keep up -- talks will heat up and there may be reinvigorated discussions on a grand bargain. the last time that happens, president obama considered a proposal favored by republicans to extend the eligibility for medicare to 67. as a guy who turned 65, your thoughts about extending the eligibility for medicaid to 67. guest: if you are younger, you are not thinking about it. i think it would be prudent to do that for the health of the country in the future of the people. obviously, if you are at or near 65, you cannot do it. the thing i wonder is, as part of this whole situation, why is there no effort to really, really
that medicare and medicaid are the main drivers of our deficit. and i know we have seen this morning also several editorial writers indicate the same, that it is important that we put these drivers of the deficit on the table and include them as part of any agreement to avoid the fiscal cliff. as the speaker said, we have done our part. we have put revenues on the table, something that we didn't do two years ago during the debt ceiling negotiation. we still believe that it is most important for us to address the economic situation in this country where so many people are out of work. and that's why we take the position and believe strongly that increasing marginal rates is income tax rates is not the way to produce growth and to put people back to work. but we have not seen any good faith effort on the part of this administration to talk about the real problem that we're trying to fix. i'm told that mr. bowles, as some of us will meet with him later today, had said earlier this morning that it's been no serious discussion by the white house on entitlements, on medicare and medicaid. this
to the voters that mitt romney did not. obviously, mitt romney had a huge deficit with african-american voters, hispanic voters and women voters, so i think these potential candidates are trying to map it out. >> david corn, when george w. bush ran, he got such a quick surge in the polls that no one was able to stop him. is jeb bush that guy this time? is he the one that if he makes it clear he's running, others will decide not to? >> you know, i still wonder if two words come to mind. too soon. i mean, the george w. bush presidency is still not held in high esteem amongst many voters who still blame bush for the economic downturn at the end of his administration that has carried us to this day. jeb bush has the ability to talk to hispanic, more moderate, but i also wonder if you know, people will be a little tired of the bush dynasty come to 2016. >> well, they're too tired of it now, but 2016 is a few years away. thank you both for joining me tonight. >>> coming up, good news for democrats trying to keep control of the senate in 2014 and one republican whose strategy for dealing with latino
the bars below zero represent years when the deficit grew. these bars above zero represent years when the deficit shrunk. we're here right now in the deficit shrunk portion of the chart. the point of the shrinking on the whole chart back to 1950. when somebody stops inevitably matering about the fiscal cliff and the sky rocketing deficit, they don't know what they're talking about and they probably don't know it is wrong but you can help with visual aids. we have posted both of those charts we just showed you on our blog and you can load them on your smartphone or ipad to pass around the table and print them out on paper in case your uncle doesn't look liking at these new things. those are waiting for you now. we are here for you. you can do this. report back and let us know how it went. that does it for us tonight. have a great thanksgiving. we'll see you monday. now it is time for the last word with lawrence o'donnell guest hosted by the spectacular ezra kline. good evening. >> good evening, rachel. i am glad to know other people bring charts to thanksgiving dinner. >> we're pr
spending and deficits which he says are urgent priorities. >> we're digging a hole very fast. and the first rule of getting out of holes is to stop digging. right now we're digging at the rate of about a trillion dollars a year. i think the economy is sort of waiting, this deficit is like a dark cloud over everything. >> reporter: king worries, though, that nothing will get done if the senate doesn't change its ways. he wants to change the rules on filibusters which allow a minority of senators to bring the senate floor to a halt. >> that was the central core of my campaign, that we have to be thinking with about and working on making the institution work, reaching decisions, compromising. >> reporter: you're going have to be a pretty strong suspension bridge if are you going to be a bridge between those two parties. >> i like the image of a bridge. >> reporter: a bridge he hopes will bring the senates two warring sides together. chip reid, brunswick, maine. >> glor: it is one of the country's most notorious criminal conviction. a new film examines the nightmare of the central park five nex
deficit right now. it is the bridge to renewable energy, renewable energy will take a long time. if we can move to gas we get tremendous benefits in terms of cleaner energy on the way to renewable energy future. if we could get those things done, steve, this would be transformational for our economy but we have not been able to act on these things even though i said earlier there is wide bipartisan -- >> thank you. let me just try to poke holes in this. if we rollback time to just before the financial crisis you look at the u.s. deposition. douglas holtz-eakin was out there talking about that already. and john mccain and others have been but it is much worse today but if you look at the deck in a different way, look at private sector debt, the fact, forget government debt. before the financial crisis private-sector debt was 160% of gdp in the united states and despite averaging, back to 160% of gdp we are still in crisis mode, you had structural corruption between regulators and financial institutions and any place in the economy and a private sector event that led to a government response
and your party come to this debate with big deficit because you and president bush and dick cheney lied this country into war and you had a lot of lies on foreign policy about wmds. president bush even said once in may 2003 that we found the wmds in iraq. dick cheney and condoleezza rice talked about links to al qaeda in iraq. you've never made up for those huge, serious, significant lies in the arena of foreign policy. and now you're picking apart, you know, basically the very early and ultimately not misleading with regard to foreign policy decisions, statements that this diplomat made. >> one thing we're learning right now the meeting with ambassador rice and senator corker is happening as we speak so a little earlier than that noontime appointment. but the one thing we heard also from senator barrasso in the last hour was john considerry's name floated out and it would be easier for him to sail through. you had the opportunity to work with john kerry before. >> sure. >> when we hear about this, is that really what the game, as joy-ann said, this machiavellian game, basically let's g
this -- that is working, the employee does is retired, and his benefits. which would cut down the deficit, cut down just about everything you could think of perry taxes in half, property taxes would be cut. you would have a whole new system. guest: there are certainly a whole range of proposals like this on the table, to shift money around, especially money that has not been spent in the last decade on the wars. there are a whole range of things that can be done. the current situation, running annual deficits in the neighborhood of $1 trillion, it is quite clear there is going to have to be a whole range of things that is going to have to be done to get the whole -- the number down to something more palatable. host: pensacola, florida, republican. go ahead, laura perry -- laura. caller: first of all, if $1.20 trillion, right, it is over 10 years. is that a real cut or is it a cut in the projected increase? guest: it is a cut in the baseline, so the projected increase. a very good point. in one year, 2009, we increased spending by almost $1 trillion. it was not just a one-time shot. so, we can't cut it i
with a billion specified and the rest not and the 6 trillion-dollar deficit with the goal set up plus the one, 6 trillion-dollar tax increase or five particularly since the spending cuts have been agreed to by the democrats and obama included. he knows he is and for that and then the republicans offer to put them into subsequent savings from the budget control act. when they spent nine months discussion from simpson-bowles which is a tax increase and hints that the tax reform and its spending reform and when we finally went into the room to see what they came up with they didn't have legislative language that should have taken two weeks but they didn't have anything. they didn't have anything in nine months. why? because it isn't real. people say this imaginary agreement that isn't written down over the massive tax increase and the spending, simpson-bowles is a distraction from the fact that the two parties fundamentally disagree on the country, and this is where we have people who tell you why don't we have the good old days of bipartisan compromise telling you how old they are? because they ar
government costs. so as we deal with all of the issues of the debt and deficit, i want to make sure that everybody's keeping her and children like her and her mother and her father and her family in mind and making cuts that really make sense and avoiding cuts that absolutely make no sense, that don't save money, and certainly don't make our country any better. the investments that we make help children remain healthy, achieve success in school, and become productive members of society. so while we all agree we want to tackle our fiscal challenges, we want to make sure that we take the kind of balanced and sensible approach that reduces our deficit, puts our fiscal house in order, but protects the health of women and children and families. so we should all agree, both sides of the aisle, that while we want to increase revenue to tackle our budget deficits, and ask those who can afford to pay wealthier individuals, and profitable corporations to pay their fair share, so that we don't ask children and families to bear the burden. this little girl certainly had nothing to do with creat
and the deficit. mr. carney says, quote, the american people matter in stopping the fiscal cliff and budget cuts that will take effect in january if congress doesn't act. >> ok. good afternoon, ladies and gentlemen. welcome to the james s. brady white house briefing room, i believe we have some visitor fres this united arab emirate here, i want to welcome you and thank you for being here. i have just a couple of thins i want to announce at the top, some of which you know about, others you may not. today, as enge you know they can president is meeting with small business owners -- let me back up. it is not happening right now. i believe it happens -- 2:30 i'm reliably informed. he'll be meeting with small business owners as part of discussing with them the importance of extending tax cuts for the middle class or 98% of american taxpayers because of the impact that raising taxes on 98% would have on businesses around the country. he will also discuss with them the measures that he has put forward to assist small businesses, including hiring tax credits and the like, that will help the engine of ou
, the two false wars created the deficit. we need to lock arms and walk up to the cliff and see what it is all about. >> bill: arnold you got it. alan in new bedford mass. >> caller: good morning, bill. i think there are two separate issues. the bush tax cuts were to expire in 2010. they were only extended was because of [ inaudible ]. period. >> bill: yeah, that was all over the debt ceiling negotiations. the president went along with it, but it's time to end them now. they are still making the argument that that is a job creator. no, it's not. no, it's not. >> announcer: this is the "bill press show." ♪ >> announcer: chatting with you live at press. this is the "bill press show," live on your radio and current tv. >> bill: how about it coming to you live indeed. coming you live on cirrus xm this hour only and on current tv. republicans talking out both sides of their mouth. on one side they are saying hey yeah, we realize we have to raise revenues. but huh-uh but we're not going to raise tax cuts on the wealthiest of americans. we're going to mak
to the federal deficit. cutting it doesn't change the deficit or debt picture. a year or two of extra work, think progress writes may not seem like much with his cushy corner office. for a factory worker or janitor it can be real problems. life expectancy is longer. >> you can't afford a little hike in your taxes? really? >> stephanie: no. >> can i make a request? can we take justin on line one? i want to hear this. >> stephanie: okay. justin in huntington beach. you're on "the stephanie miller show." hi justin. >> caller: hey, guys, how you doing? i don't know if this makes me the world's best father or the world's worst father because my son and i basically raised him watching your show. so but what's really funny is every time he hears reince priebus, he says reince priebus. it doesn't matter whether it is on the radio or in the car. it is pretty hysterical. >> reince priebus. >> stephanie: i'm sorry. do it again justin. >> really loud. reince priebus. [ laughter ] >> stephanie: what's his name? >> his name is
to come to an agreement on deficit reduction. if they don't, automatic tax increases and spending cuts will go into effect january 1st. both parties say they are ready to compromise but still no real progress has been made. >>> 7:33. one bay area hospital demanding to be reimbursed by the los angeles dodgers for the treatment it gave to bryan stow, the giants' fan brutally beaten in l.a. brian flores is live at san francisco general hospital with more. >> reporter: hi, dave. san francisco general hospital is seeking a $1.2 million medical reimbursement from the dodgers for medical care of bryan stow. the hospital went to -- hospital went to u.s. bankruptcy court in order to seek permission for this. now, stow who continues to receive around-the-clock rehabilitation treatment, initially received brain trauma care at san francisco general for about four months after the alleged beating. stow was brutally attacked in the parking lot of dodgers' stadium while watching the game back in march of 2011. since then, the hospital and essentially taxpayers had to foot the bill for medical care. b
mattering about the fiscal cliff and the sky rocketing deficit, they don't know what they're talking about and they probably don't know it is wrong but you i am glad to know other people bring charts to thanksgiving dinner. >> we're preparing them so america can do that. awesome. thanks. >> have a great thanksgiving. >> you, too. you know what i am thankful for this thanksgiving? i am thankful elections, they have consequences. >> the time for bickering is over. the time for games has passed. now is the time to deliver on health care. >> have you read the bill? hell, no, you haven't. >> the supreme court has upheld president obama's health care law. >> the health care law. >> the signature achievement of barack obama's presidency. >> now they're trying to drag it into the negotiations over the fiscal cliff. >> we have a new message from congressman boehner. >> we can't afford it, we can't afford it and we can't afford to leave it in tact. that's not a new message. >> can you say it was done openly? >> that is not a new message. >> they have been defeated three times. >> we had an election.
likelihood, taxes are probably going to have to go up across the board simply to deal with the deficit and everything else out there, so if you're a democrat, are you happy or unhappy because once that train starts rolling, it could hit l middle class, which the democrats warn they won't touch. >> i mean, i'm definitely happy about it. it's thanksgiving and i'm very thankful right now for millions of americans who came out on november 6th and declared loudly that the tax reform in particular making especially the highest income americans, you know, actually paying their fair share of taxes. that that's a priority and something that should be pursued in context of the fiscal cliff. the train is rolling and i think it's nice to see even some republicans now eventually realizing that taxes in particular tax fairness, does need to be a substantial part of this fiscal debate. >> but you just skated around my question, which is that if you're going to have real tax reform, almost every economist says the middle class is going to pay more, too. how are democrats going to handle that? >> i thi
into an 11 billion-dollar deficit. economists economists predict it would throw the economy into chaos triggering another recession. . many to 90% of california residents would see taxes go up. >> the cliff could also endanger the future of charities. nonprofit organizations are telling washington they can't survive if their funding is slashed. congress is considering a proposal that would cut from 35 to 28% the amount wealthy americans could write off in donations. >> a 1% decline in giving to american higher education would result in a loss of $300 million a year to colleges and universities. >> they have launched a new lobby including a website asking charities to contact their members of congress. >> the turkeys that didn't go to the thanksgiving table will be dished up because of the south of market store. more than 200 of their unsold fresh turkeys were frozen and donated to saint anthony's. they provide food for homeless, seniors and the working poor. they said that the need for food is still greater than ever, not just on the holidays. >> we can use this throughout novembe
, but in the ultimate fiscal adjustment we'll have within the next few years where we shrink the federal deficit. but medicaid is the most cost effective part of our entire structure. if you're going to be cutting, cut in medicare, the exchange subsidies, medicaid is the last place to go to look for those dollars. >> the administration official after this op-ed from boehner told the huffington post, the president would oppose involving them in the negotiations. >> the aca reduces the deficit. so, i mean, if you look at the ten-year projections aca brings down overall costs. the subsidies and the medicaid expansion are costly, but there's also the savings in medicare and the new taxes that are going to be used to fund it. it actually on balance is deficit reducing. >> claudia, i'm curious, one of the things that's interesting, the single payer people and the conservative people, conservative opponents of aca and singer payer skeptics have similar critiques about cost control. you see mirror images, single payer people say no, single payer is the only way to get the cost control you want. i'm curi
wants to see. it is a $4 billion package of cuts to the deficit a combination of spending cuts and new revenue and about $2 trillion of that coming from getting rid of the bush tax cuts. at the same time while getting rid of the tax cuts for the wealthiest 2% of americans letting the tax cuts for 98% of americans continue because the middle class do need the help and the wealthiest people do not. so to get there of course, and by the way let's back up, right. the president put forth his plan on november 6th and mitt romney put forth his plan and the american people said no, we don't like that romney way of going which is to continue to coddle the rich. we agree with president obama. so now the negotiations are underway. about how to avoid going off the fiscal cliff. and what is the president doing? yesterday, he met with small business leaders. at the white house. the white house met with leaders of jack lew, the chief of staff. met with leaders of the chamber of commerce. today the president is meeting with so
care system dropped from 64% to 55%. to go over to the budget, substantially reduce the budget deficit. 42% thought the obama administration would be able to do that in 2008. avoid raising taxes. control illegal immigration. heal political divisions in this country. 54% thought so in 2008. bob in north carolina on are democrats' line. you are up next. caller: i just think it is going to be better coming up this next time because i believe obama it did need a second chance. i voted for him. i am a native american and i lived on a cherokee indian reservation. we have to balance our budget. our leaders serve four years just like the president does. we make our budget work. if we don't have the money, we don't do it. that is all i got to tell you. host: jacqueline pata is going to be on later in this program. how would you describe the conditions where you live? caller: we have a heritage casino down here and it does a lot for us. we send all of our kids to college. we pay for it all. they can go to college anywhere in the united states. host: indian gaming has helped urination? caller: ve
, and want tax hikes and spending cuts to reduce the deficit. and one fourth want spending cuts only. 68%. there are the numbers on your screen. doesn't that number, 68%, mean that it's politically perilous for your party, republicans, to oppose raising taxes on the top 2 or 3%? >> well, no, they -- it's got to be part of the equation and i think that speaker boehner made that clear, but gregg, let me first start by saying i happen to care very much about the 43% inpoll, but it doesn't erase -- it doesn't erase the fact that a majority of them do not pay taxes and it also doesn't erase the fact that most people support tax increases on other people as opposed to themselves, but i think the american people are a little tired of polls. the election is over, talking points should be over, and it requires compromise to solve problems in this town, something that's been lacking for years. by both sides of the aisle. and so, the issues you're talking about in terms of the specifics, whether it's the tax rates or these deductions, it just cannot be across the board. there are unintended consequ
deficit with the goals set up plus the one. $6 trillion tax increase or five. particularly since the spending cuts have been agreed to buy none of the democrats. we do know obama included -- he said nice things about simpson- bowles. there are some spending restraints. not a single one of those ideas was put into obama's budget, not one. we know he is not for any of that. when republicans offered to put them into subsequent savings from the budget control act, the democrats all objected. they are officially against every saving -- every saving discussed in simpson-bowles. so, when they spent nine months discussing simpson-bowles, a $5 trillion tax increase and hint at tax reform and spending reform, and when they finally went into the room to see what they came up with, they did not have legislative language which it of taken two weeks and then -- done by staffers. a pilot typewritten -- pile of typewritten pages that the says "all work and no play makes jack a bellboy" if you watch the movie. nothing in nine months. it is not real. people say this imaginary agreement that is not
the deficit, and the battle lines have been pretty clear right now. the president campaigned rolling back the tax breaks for the highest earnings and republicans argued spending cuts are the way to get the deficit under control. are we starting to see a softening of those positions on both sides? >> reporter: here's what there's agreement on. both sides, both parties agree that the wealthiest have to pay more, and the question now and the sticking point at this stage is how do you go about making the wealthiest pay more? do you do it by raising the tax rates? that's what president obama wants to do. wants to raise the tax freights 35% where they are now up to where they were during the clinton years at 39% what. republicans are arguing is you don't have to do that. you can get all of the money or some of the money that you want by getting rid of loopholes so doing full-fledged tacts reform at next year but don't raise the tax rates at all and somehow get rid of the loopholes. the white house says, hey, that math doesn't work. >> let me pick up on that because we've seen a few republicans
to see them try different things. first of all, let's recognize the fact that we had the deficits right now as a result of obama's budget. that's $5.3 trillion. that's in his budget. he signed that. we have a lot of the programs that should be undone. give you an example, we had a democrat president back in the '90s, bill clinton, while we had a republican majority in the house and the senate. we did welfare reform. we put the work back into welfare and it was tremendously successful. we decreased the welfare rolls. now, obama's reversed that. now we have it's gone up, the food stamp program now gone up from 28 million families to 47 million. that's just one of the things that can be reversed, that got news this mess to start with. >> gretchen: but senator, why does it appear -- and obviously the election was a result of it -- why does it appear that president obama wins the pr campaign on this entire discussion? >> well, gretchen, i represent oklahoma. he hasn't won up there. >> gretchen: but he's winning it acrossment country. >> well, i know, he's a very persuasive person. that doesn
't say al qaeda or iran or north korea, what he said was the debt and deficit. i think that is exactly right. above all, this is the future. we are not talking about a physical infrastructure, we are talking about our human infrastructure. joel klein is someone who has dedicated the most recent date of his multifaceted career to this. when he is in discovering the best restaurants in brooklyn, he is focused on improving the lot of young people in this country. mostly the other way around. some going to tell you about the time he has dedicated to this issue. about a year and a half ago, i called a condoleezza rice and i said i wanted to do something with me. and i said richard, don't even go there, and i said okay. and so i said before the end of this conversation, you are going to agree to what i'm going ask to ask you. and she said, no way. i said right. we spent a lot of time on all the traditional foreign-policy issues. we are focused on being domestic and what we want to do is report on education. we don't want a piece on everyone else has done. what we want to do is look at educat
he said was the deficit in the state of american society. i think that's exactly right. you can look at questions of the budget. you can look at questions of infrastructure. immigration policy. but above all, education policy. this is the future. we're not talking about her physical infrastructure. and joel klein is someone who's given his most recent phase of his multi-career when he discovers the best restaurants in brooklyn, is focused on improving a lot of young people in this country. it's supposed to be the other way around. so i'm going to tell you how condi has been dedicated to this issue. a year and a half ago i called her up and said convy, i want you to do some thing for me and with me. she said richard coming to b.c. don't even start. i said okay. i said before the end of this conversation come you're going to agree with going to ask you. and she said no way. i said with the council on foreign relations and all of our time working on things like china and mexico and all the traditional foreign-policy issues. we believe the agenda and all things domestic. but we want to d
penny to the deficit. we should put together something like a simpson/bowles commission. right now it's going to last for another 22 years untouched, but let's make sure it's stronger, longer. but when it comes to the other entitlement programs, medicare and medicaid, we've got to make certain that we preserve these basic programs, not to go the route of the paul ryan voucherizing, leaving senioring vulnerable for health insurance they cannot find or cannot afford. but make sure we change the program to save the money, reduce the increase in health care costs. medicaid is the one i'll add, joe, that concerns me the most. it has the least politically articulate constituency. these are the poorest people in america. we've got to make sure at the end of the day, we protect the children, mothers with babies, and particularly the frail elderly being covered by medicaid. we can make changes there and preserve the basic integrity of these programs. >> well, of course, people in medicaid don't have the aarp fighting for them day in and day out, running 30-second ads. isn't that one of the gre
to reduce the deficit. the question is how to do it. this is an encouraging development. it suggests that republicans are slowly absorbing one of the lessons of the 2012 election which as elections continue to be wown wop in the middle and victory remains elusive for parties that occupy either the far left over the far right. over the years the democratic party has wrestled with the same issues republicans are facing. when i was elected to congress in 1981, crime was ripping apart my district district. i came to washington with a goal of working to pass new laws to crack down on crime. lo and behold i found the democratic congress at the time was literally outsourcing the drafting of crime legislation to the aclu. i have great respect for the views of civil libertarians but at that time the motto was -- quote -- "let a hundred guilty people foe free lest your convict one guilty person." that dominated our party's thinking on crime for better than a decade. our party suffered for it. we didn't standpoint snap out of it until president clinton passed the crime bill in the 1990's. after
Search Results 0 to 32 of about 33 (some duplicates have been removed)